MGIC (NYSE: MTG) director reports 5,077 RSUs and large trust holding

Rhea-AI Filing Summary

MGIC Investment Corp director Curt S. Culver reported an equity award of 5,077.097 shares on February 4, 2026. The award represents restricted stock units that will be settled in stock ten business days after February 1, 2027, unless Culver elected a later distribution.

The RSUs were granted under MGIC’s Omnibus Incentive Plan and no price was paid for them. After this grant, Culver directly holds 21,584.0604 common shares and is also reported as indirectly owning 323,576 shares through a family trust.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CULVER CURT S

(Last) (First) (Middle)

C/O MGIC INVESTMENT CORPORATION

250 EAST KILBOURN AVENUE

(Street)

MILWAUKEE WI 53202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/04/2026		A		5,077.097(1)	A	(2)	21,584.0604	D
Common Stock								323,576	I	By a Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.

2. These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MGIC (MTG) director Curt S. Culver report?

Curt S. Culver reported receiving 5,077.097 restricted stock units on February 4, 2026. These units were granted under MGIC’s Omnibus Incentive Plan, required no purchase price, and increase his directly held common stock position to 21,584.0604 shares after the transaction.

How will Curt S. Culver’s 5,077.097 MGIC RSUs be settled?

The 5,077.097 restricted stock units will be settled in MGIC common stock ten business days after February 1, 2027. Settlement can occur later if Culver made a qualified election for a deferred distribution date under the company’s compensation arrangements and plan rules.

Did Curt S. Culver pay anything for the 5,077.097 MGIC RSUs reported?

No, Curt S. Culver did not pay any price for these restricted stock units. The Form 4 notes the RSUs were awarded to him under MGIC Investment Corp’s Omnibus Incentive Plan, and explicitly states that no price was paid by the reporting person for this equity grant.

What are Curt S. Culver’s direct MGIC share holdings after this Form 4 transaction?

After the reported grant, Curt S. Culver directly holds 21,584.0604 MGIC common shares. This figure reflects his position immediately following the 5,077.097-share award, as disclosed in the Form 4’s non-derivative securities table for common stock beneficially owned after the transaction.

What MGIC shares does Curt S. Culver report indirectly through a family trust?

The Form 4 shows an additional 323,576 MGIC common shares held indirectly by Curt S. Culver through a family trust. This indirect position is listed separately from his direct holdings and is labeled with the nature of ownership as “By a Family Trust” in the filing.

What is the significance of the February 1, 2027 date for Curt S. Culver’s MGIC RSUs?

February 1, 2027 is the reference date for when the RSUs convert into stock. The filing states the restricted stock units will be settled in MGIC shares ten business days after that date, unless Culver previously elected a later distribution date under applicable plan rules.